LC discrepancies in second presentation
Posted: Mon Mar 30, 2020 11:59 pm
Hello everyone
Quick question please: if I present my documents and the bank raises discrepancies that you can’t resolve within the 5 days of the bank and I ask for my documents to be returned so I can correct the documents and present them again within the 21 days. Does the bank have the right to raise other discrepancies that I didn’t raise in the first presentation on documents that remained unaltered in the second presentation.
Quick question please: if I present my documents and the bank raises discrepancies that you can’t resolve within the 5 days of the bank and I ask for my documents to be returned so I can correct the documents and present them again within the 21 days. Does the bank have the right to raise other discrepancies that I didn’t raise in the first presentation on documents that remained unaltered in the second presentation.